EdgeAnalysisGroup: Yume Wave 2.0

This is a upgraded version of the wave with modified parameters for a higher success rate. 3 New Lengths and 75 more lines of code added to the overall algorithm. Also included are 2 sublevel signals based on the Fib MA and pattern trading.

The Wave:
+ The Yume is the Fast length
+ The Akume is the Slow length
+ The Miaku is a median weighted length
+ The Upper Limit is an overbought asset indication
+ The Lower Limit is an oversold asset indication
+ The Wave is the spread between Yume and Miaku

Bullish Indications:
+ The Yume is above the Akume
+ The Yume is above the Miaku
+ The Yume is below the Lower Limit

Bearish Indications:
+ The Yume is below the Akume
+ The Yume is below the Miaku
+ The Yume is above the Upper Limit

Signal Strength Weights:
+ 50 = Yume Wave crossed a Limit Line
+ 100 = Yume Wave crossed a Limit Line + Close to a Fib Moving Average
+ 100 = Edge's Market Bottom/Top Algorithm is marked 'True'

Setting up Signals (Based on a 100 Signal Height):
+ Set the "Bull Signal" to be at 50 or 100
+ Set the "Bear Signal" to be at 50 or 100
+ 50 is Agressive, 100 is Conservative.
+ Bull/Bear are separate so you can play conservative bull with aggressive bear.
Release Notes: Added an additional +25 Bear/Bull Indicator based on twists within a specific limit ranges.
Release Notes: Loosened the sensitivity to the yume wave crossover signal to create more signal pops for aggressive plays.
Release Notes: Added another 50 lines of signal sensitivity. You can now input the signal strength (1-100) that you want signals to appear. You can also use this tool to set up alerts.

1= lots of signals
100 = rare signals

12 Total signals ranging from 10% to 33% sensitivity. Combinations of signals are added together (the highest signal pop I've seen in backtesting is at signal strength 200, but EXTREMELY rare).
Release Notes: Added a custom alert field to the Yume Wave. You may now select "Bear Signal" or "Bull Signal" in alerts. This alert will go off anytime a bear or bull signal pops based on your Signal Strength requirements set prior to making the alert.
Release Notes: Added another strength variable to improve accuracy based on fibonnaci key levels.
Release Notes: Added crossover alert function. In alerts, you can set "Bull" or "Bear" to match your existing 'Signal Strength' using the "Yume Alert" function.
Release Notes: Added 2 new lower timeframe signal variables and 1 new higher timeframe signal stackable variable.
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Could you give me access?
Very nice work. Can I have a go and try it out? Thank you.
Cool stuff. Really looking into this and testing. Thanks.
Nice one mate.

Thank you for your effort and overall contribution to the community.

Hats off.

Thank you bro and cheers to it.
Hi there, was hoping to test this out? How do I gain access for this ? thanks in advance
+2 Reply
Could you give me access?
Can you let me try it for a few days and check the effect? Thank you
Only in the 1D chart was it somewhat accurate in indicating profitable trades. All other time frames not the case. I want to believe in it but through experience cannot. :(
TheKujiras CommanderKeen
@CommanderKeen, what assets were you looking at? And what was your signal sensitivity set to?
+1 Reply
@Iszoas @morin47 @tes724 @berkaykasmer @venkatdamera @CommanderKeen You all have access for 24ish hours. Enjoy! DM me if you like it.
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